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Accurate Metal Company sold 32,500 units of its product at a price of $260 per unit. Total variable cost per unit is $159, consisting of

Accurate Metal Company sold 32,500 units of its product at a price of $260 per unit. Total variable cost per unit is $159, consisting of $148 in variable production cost and $8 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.

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